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Short Form NDA
"I need a Short Form NDA for a potential business partnership with a tech startup in Australia, where we'll be sharing product development plans and market strategy information during initial discussions starting March 2025."
1. Parties: Identification of the parties entering into the NDA, including full legal names and addresses
2. Background: Brief context explaining why the NDA is being entered into and the relationship between the parties
3. Definitions: Key terms used in the agreement, particularly 'Confidential Information' and 'Permitted Purpose'
4. Confidentiality Obligations: Core obligations regarding non-disclosure, protection, and use of confidential information
5. Permitted Disclosures: Circumstances under which confidential information may be disclosed, including to employees and advisers
6. Return or Destruction: Requirements for handling confidential information upon termination or request
7. Term and Termination: Duration of the agreement and circumstances for termination
8. General Provisions: Essential boilerplate including governing law, entire agreement, and variation
1. Intellectual Property: Include when confidential information includes IP rights or when IP may be created during the relationship
2. Security Requirements: Add when specific security protocols or standards must be followed
3. Non-Solicitation: Include when there's a risk of poaching employees or clients
4. Competitive Activity: Add when the parties are competitors or there's a risk of competitive misuse
5. Data Privacy Compliance: Include when personal information will be shared under the agreement
1. Schedule 1 - Confidential Information: Detailed description or categories of information considered confidential
2. Schedule 2 - Permitted Purpose: Specific description of how confidential information may be used
3. Schedule 3 - Security Requirements: Optional schedule detailing specific security measures required for protecting confidential information
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